Ohio State University has secured head football coach Ryan Day through the 2031 season with a substantial contract extension. new agreement, pending approval from university trustees, is valued at $12.5 million annually, making Day the second-highest-paid head coach in college football.
Key Details of the Contract
- Buyout Provisions: If Ohio Statee to terminate Day’s contract without cause, the univeity would owe him $.5 million for each remaing year on the deal. As of now, this amounts to approximately $80.5 million.
- Buyout Reduction: Should Day choose to leave Ohio Sta for another positi, the buyout starts at $6 miion if he departs before January 31, 2026. This amount decreases by $500,000 annually, reaching $2 million if he leaves after February 1, 2030, and becomes nullfter February 1, 20.
- Performance Bones: Day’s contract includes incentives such as $100,000 for a College Football Playoff appearance, escalating to $1 miofor a national championship game victory.
Implications for Ohio State
The substantial buyout clause underscores Ohio State’s commitment to retaining Day, who has led the team to a 70-10 record and a national championship in January. The contract’s terms reflect the university’s confidence in Day’s leadership and the program’s future under his guidance.
